Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives $13.83 Consensus Price Target from Analysts

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) has received a consensus rating of “Moderate Buy” from the seven brokerages that are covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $13.83.

A number of equities research analysts have recently commented on the company. Barclays lifted their price objective on Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a research report on Friday, September 13th. Needham & Company LLC reiterated a “buy” rating and set a $17.00 target price on shares of Dun & Bradstreet in a research report on Friday, November 1st. Finally, StockNews.com upgraded Dun & Bradstreet from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd.

Dun & Bradstreet Price Performance

Dun & Bradstreet stock opened at $12.43 on Wednesday. The stock has a market capitalization of $5.49 billion, a P/E ratio of -157.50, a P/E/G ratio of 3.50 and a beta of 1.16. Dun & Bradstreet has a 12-month low of $8.77 and a 12-month high of $12.94. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.70 and a quick ratio of 0.70. The firm’s 50-day moving average is $11.83 and its two-hundred day moving average is $11.01.

Dun & Bradstreet (NYSE:DNB) last announced its earnings results on Thursday, October 31st. The business services provider reported $0.27 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.27. The firm had revenue of $609.10 million for the quarter, compared to analyst estimates of $605.64 million. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. Dun & Bradstreet’s revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.23 earnings per share. Equities analysts predict that Dun & Bradstreet will post 0.88 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be issued a $0.05 dividend. The ex-dividend date is Thursday, December 5th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.61%. Dun & Bradstreet’s dividend payout ratio (DPR) is -250.00%.

Hedge Funds Weigh In On Dun & Bradstreet

A number of large investors have recently modified their holdings of DNB. Massachusetts Financial Services Co. MA raised its holdings in shares of Dun & Bradstreet by 13.6% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 53,353,508 shares of the business services provider’s stock worth $494,053,000 after purchasing an additional 6,375,371 shares during the period. Azora Capital LP raised its holdings in shares of Dun & Bradstreet by 119.8% in the 3rd quarter. Azora Capital LP now owns 7,973,354 shares of the business services provider’s stock worth $91,773,000 after purchasing an additional 4,346,033 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in shares of Dun & Bradstreet by 17.9% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 19,633,433 shares of the business services provider’s stock worth $181,806,000 after purchasing an additional 2,983,677 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Dun & Bradstreet by 14.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 14,665,247 shares of the business services provider’s stock worth $135,796,000 after purchasing an additional 1,809,638 shares during the period. Finally, FMR LLC raised its holdings in shares of Dun & Bradstreet by 17.8% in the 3rd quarter. FMR LLC now owns 11,465,075 shares of the business services provider’s stock worth $131,963,000 after purchasing an additional 1,733,220 shares during the period. 86.68% of the stock is currently owned by hedge funds and other institutional investors.

About Dun & Bradstreet

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance and risk solutions, including D&B Finance Analytics, an online application that offers clients real time access to its information, comprehensive monitoring, and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.